RaynLim

GBPUSD-Weekly Market Analysis-Oct19,Wk3

Short
FX:GBPUSD   Livre sterling / Dollar américain
Nothing much for me to look for on the smaller timeframe, for countertrend trader you may have to wait for a retracement on the smaller timeframe for a buying opportunity.

On the daily chart, a bearish butterfly pattern forming up within the sell zone. I'm definitely interested to see the development of this setup and might just participate in it.

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